Acknowledge the Deed

  xoxox Bank of America Lies About Loan Modification xoxo Excerpts and adaptations extracted from NBC Business News published June 17, 2013. Visit this link for the full story: http://www.nbcnews.com/business/bank-america-former-employees-we-were-told-lie-6C10351458 xoxox “We were told to lie to customers,” said Simone Gordon, who worked in the bank’s loss mitigation department until February 2012. “Site leaders regularly…

hjhj This post is part of a summary found at http://www.uniformlaws.org/ActSummary.aspx?title=UCC%20Article%203,%20Negotiable%20Instruments%20(1990) issued by the Uniform Law Commission, The National Conference of Commissioners on Uniform State Laws. Please visit the link for their full summary Negotiable instruments make the economy go around.  That is why the law on negotiable instruments is important and why the work…

Hmm…Should a corporation be liable in a criminal indictment because people chose to ship prescription drugs? Wow. SAN FRANCISCO — Federal prosecutors say several addicts died soon after receiving shipments of illegal prescription drugs via FedEx (FDX). The deaths were included in a new indictment filed late Thursday against FedEx that adds money laundering to…

Credit card issuer Capital One isn’t shy about getting into customers’ faces. The company recently sent a contract update to cardholders that makes clear it can drop by any time it pleases. The update specifies that “we may contact you in any manner we choose” and that such contacts can include calls, emails, texts, faxes…

Puerto Rico might be about to cave in and waive it’s sovereign immunity, at the demand of hedge-funds who are negotiating the terms on the island’s government getting a new $3.5 billion financing done, officials indicated in a webcast Tuesday. The deal will allow Puerto Rico to prevent default on its $70 billion debt. The…